$APE
♠️ APE/USDT 24-hour trading strategy analysis ♠️
Current price: 0.785 USDT
♦️ Technical analysis:
• Main support level: 0.778 USDT
• Main resistance level: 0.802 USDT
• There are a lot of 50x leverage positions in the 0.802 - 0.827 range, which is an important observation area
♥️ Trading strategy:
Long:
• Entry: 0.785 - 0.795 USDT
• Target: 0.802 USDT (+2.2%), 0.827 USDT (+5.4%)
• Stop loss: 0.778 USDT (-0.9%)
Short:
• Entry: 0.802 - 0.827 USDT
• Target: 0.785 USDT (-2.1%), 0.778 USDT (-3.0%)
• Stop loss: 0.852 USDT (+3.0%)
🃏 Risk management:
• Control the risk of a single transaction within 2%
• It is recommended to use a leverage of less than 10 times
• Pay close attention to the changes in high leverage positions in the range of 0.802 - 0.827
📊 Market outlook:
• APE has shown an upward trend recently, and the green K-line shows that the buying power continues
• 0.802 is an important resistance level in the near future, and a breakthrough may trigger further increases
• There are a large number of high leverage positions in the range of 0.802 - 0.827, which may cause violent fluctuations
• The overall trend is bullish, but it is recommended to operate cautiously near key positions and set reasonable stop-profit and stop-loss
This analysis is for reference only. Please trade cautiously based on your personal risk tolerance.